Genesco (GCO -2.8%) slides after Sterne Agee makes a valuation call and downgrades the stock to...

|About: Genesco Inc. (GCO)|By:, SA News Editor

Genesco (GCO -2.8%) slides after Sterne Agee makes a valuation call and downgrades the stock to Hold after it pushes through the $74 price target. Still bullish on company prospects and enamored of management, the team believes the recovery in Lids and Schuh and continued solid performance  of Journey's are priced in and investors may do better getting on the sidelines for awhile.